What describes a workforce that can adjust to changes in market demand?

What describes a workforce that can adjust to changes in market demand?

• A. Home workers
• B. Flexible workforce
• C. Collective bargaining
• D. Boston Matrix

Answer: (B)

A flexible workforce describes a ability to adjust to changes in market demand. It means a business can quickly scale the number of staff up or down and shift skills as customer demand changes. When demand rises, the firm can bring in temporary or part-time staff, or re-train workers to cover more tasks. When demand falls, hours can be reduced or staff redeployed, helping control costs and avoid idle capacity. This adaptability directly matches the idea of responding to changing demand, which is why it’s the best fit. Other ideas don’t capture this responsiveness to demand: home workers describe where people work rather than how the workforce adapts to demand, collective bargaining is about negotiating pay and terms, and the Boston Matrix is a tool for analyzing product portfolios.

A flexible workforce describes a ability to adjust to changes in market demand. It means a business can quickly scale the number of staff up or down and shift skills as customer demand changes. When demand rises, the firm can bring in temporary or part-time staff, or re-train workers to cover more tasks. When demand falls, hours can be reduced or staff redeployed, helping control costs and avoid idle capacity. This adaptability directly matches the idea of responding to changing demand, which is why it’s the best fit. Other ideas don’t capture this responsiveness to demand: home workers describe where people work rather than how the workforce adapts to demand, collective bargaining is about negotiating pay and terms, and the Boston Matrix is a tool for analyzing product portfolios.